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to compromise. i'm open to new ideas. i'm committed to solving our fiscal challenges. chris: but john boehner is holding firm against one of the president's main campaign pledges. >> everyone wants to get our economy moving again, everyone wants to get more americans back to work again. raising tax rates will slow down our ability to create the jobs that everyone says they want. chris: in your book, the price of politics, a heck of a book. you talk about how debt negotiations fell apart the last time, we tried it in the summer of 2011. will the speaker, we just saw, have the strength to lead his party even if he has to fight for the tea party? >> their camouflage is tax reform and they're going to do that over time. so the rates could come down. the really interesting thing is when you examine the detail of this, last year they were close. they actually could have worked out some agreement and it blew up because of the president asking for more revenue and that was the limit for them. i think it is a moment of necessity to a certain extent. they can't avoid this now. chris: reporting challeng
and when they go up. it could be a return of the olive branch first offered by spaker boehner. who am i to say? this much i will say kicking things off tonight. there is the makings of a deal here, an agreement in the politica posturing and theater that is famous in washington. each side trying to very carefully dance off the cliff without looking like it produced the disaster. there is, in the president' remarks today and boehner's yesterday, the inkling of an overture on each side, now, how much of one? with 52 days left to go, how real? rich edson in washington reading between the lines. what do you think, rich? >> well, neil, there's plenty of space. the's not that many details discussed. neither side says they want to box the other in the corner beginning negotiations. president obama, though, made it fairly clear he wants taxes to go up on wealthier taxpayers saying after the election, he was r-elected, democrats back the senate, and the message in the campaign is wealthier people need to pay more. therefore, that's the approach he's taken. as for what happens in the3 negotiations
ahead to the fiscal cliff. john boehner has reiterated that the newly elected house republican majority is opposed to raising tax rates. they're willing to accept new revenue under certain conditions. what is your reaction to that? despite the pledge that most of them have signed? >> if we had a recovery the strength of reagan's recovery, there would be 10 million more americans at work today. but we take rate in's path of less spending and regulation, -- reagan's path of less spending and regulation, he has a million more americans at work today than obama does. i would rather have his recovery and all the revenue that flows from that. if you grew 4% a year instead of 2%. the difference between growing from 4% instead of 2% is $5 trillion in additional revenue to the federal government. nobody is talking but raising taxes $5 trillion. why not focus to reduce rates, have lower taxes, it to get more growth. you actually net more additional revenue. >> it seems like john boehner is now willing to get that revenue not just from the economic growth that is not scored by the congressional bu
looking drab. >> paul: house speaker john boehner extends an olive branch, how much will they [ male announcer ] in blind taste tests, even ragu users chose prego. prego?! but i've bought ragu for years. [ thinking ] woer what other questionable choices i've made? i choose date number 2! whooo! [ sigh of relf ] [ male announcer ] choose taste. choose prego. gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone likes 50% more... [ midwestern/chicago accent ] cheddar! yeah! 50 percent more [yodeling] yodel-ay-ee-oo. 50% more flash. [ southern accent ] 50 percent more taters. that's where tots come from. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. 50% more spy stuff. what's in your wallet? this car is too small. >> the american welcome have spoken and they've reelected president obama and reelected a majority in the house of representatives. a mandate for us to find a way to work together on the solutions to the challenges
country. >> i want to follow up that question and ask neera real quick -- john boehner expressed openness to reductions in spending, reforms, but not structural changes, not ending the federal entitlement to medicare or medicaid, as the ryan budget would do. where do you think that goes after the election? >> i think the president really crossed the rubicon there by putting medicare and medicaid on the table. neera mentioned the budget -- hundreds of billions of dollars in cuts. romney tried to put it back in. i thought it was very ironic. social security? no, it has not been on the table. i think he has already done so and i suspect he will continue to. >> one of the interesting things about that -- we will go to the audience in a minute -- think of the context. medicare is one of the policies that transfers resources down the generational ladder. from the retiring baby boom that is 80% white and moving it into an uninsured younger population, it really in many ways -- the federal government has $700 per capita, something like that -- is striking that under such explicit attack, for kind
. i think you heard john boehner say that. we've had votes in the senate where we've gotten rid of tax credits. i think that's a given. >> we need the republicans to do in 2012 what we did in 2010. we hear the mandate continue to cut spending, but they have to hear the than date real revenues not like dynamic scoring. >> and here's what happens if no agreement is reached before january 1st.bush tax rates expire. emergency unemployment benefits will end. the 2011 payroll tax holiday expires. and $984 billion in cuts will be triggered. joining me now, andy sullivan and sher a tupletts. what do you expect to come out of the meeting friday and will any real progress made? >> oh, no, but i think the optics will be important. there will beside by side getting their picture taken and i think this will reassure voters and most importantly investors that they are serious about the problem and they want t to get something done before the end of the year. they've pretty much gotten a free ride from the markets. everybody knew this was coming up, but interest rates have remained low and the stock
romney in a minute, but first listen to what john boehner said after the election. >> mr. president, this is your moment. we are ready to be led. not as democrats or republicans, but as americans. let's rise above the this function and do the right thing for our country. >> later john maynard told diane sawyer he is the most reasonable, responsible person -- john boehner told diane sawyer he is the most reasonable, responsible person in washington and the president knows that. the fiscal cliff looms at the end of the year. will we reach a compromise before then, charles? >> i do not think it will be a comprehensive compromise. i think they will be able to patch something together. i think they will be able to agree on it true tax reform sometime next year. i think they will get passet the cliff if -- the cliff. if he insists on raising rates, he will be stymied. >> what is the message? >> it is a mixed message. i think we all agree the corner stone of the president from message is we raise taxes on those earning over $250,000. mitt romney pledged toepea obamacare. these are the esse
are not negotiable. >> with the house, we know that, he has to deal with the house. john boehner, the speaker of the house, also talked about the fiscal cliff and hinted for compromise. you got to listen carefully to see the compromise that could be coming. let's listen. >> it's clear, there are a lot of loopholes in the tax code, both corporate and personal. it's also clear that there are all kinds of deductions, some of which make sense, others don't. everything, everything on the revenue side and the spending side has to be looked at. >> anyway, senator chuck schumer this morning suggested that the right wing might be more willing to accept compromise now. it's been helpful. let's watch. >> boehner wants to compromise, that's why he gave that speech. boehner's not a hard right guy, he's a mainstream conservative. i think he's going to help. the hard right is chastened in a lot of ways. >> in south carolina, a republican, jeff duncan, who quoted him as follows, when i look at the results of the election, congressman duncan says, it becomes clear to me that the house is now the last line of
. >> paul: house speaker john boehner extends an olive branch, how much will they branch, how much will they giveif we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. >> the american welcome have spoken and they've reelected president obama and reelected a majority in the house of representatives. a mandate for us to find a way to work together on the solutions to the challenges that we all face as a nation. >> that's house speaker john boehner vowing to work with president obama on the challenges facing the nation the first the fiscal cliff, a toxic combination of tax increases and automatic spending cuts especially in defense that could take effect january 1st. so, we pointed out in the last segment, republicans held the house with minimal losses despite a big democratic year. can boeh
and the president. speaker boehner said tax hik eshehikes aren't acceptable. senator mcconnell the republican leader in senate said that he won't raise taxes to turn off those spending cuts. if senator mcconnell and speaker boehner don't bend, do you still believe the president should go up to the brink. >> here we are, our country has a tremendous debt and deficit problem. we also have a challenge in making sure that we educate our work force, we need to make sure we care for our veterans who need that care today. we need to have research and we need to be able to compete in a global marketplace, those investments are important. everyone who has looked at this, including the supercommittee that i served on, said we need to have revenue as part of the solution to this problem as well as looking at entitlements and spending cuts. what the missing ingredient is revenue. that's what we face right now. if our republican counterparts can step forward with that revenue piece we'll be able to find a solution. >> and if not, go off a cliff? >> well, clearly, we have the ability between now and the end of th
to retire. i think mr. john boehner wants to work out a deal. i really do. he has to get through. kantor and some of the others on the extreme right. -- eric cantor and some of those on the right. i do not like the extremism. it is not helpful to the country at all. host: thank you for the call. we read this at the top of the program. on our twitter page, there is this -- nancy cook puts it this way. "game of chicken." her answer, probably not. george is on the phone from the line for republicans. caller: i just think when the voters spoke on the past election that we as citizens are being shortchanged. we vote our -- our constituents voted for representatives, but we are not being represented. in the last 30 days of the campaign, i decided to be an independent. i was not convinced everybody was being fairly treated with the tax cuts. therefore, i believe speaker john boehner, rip cantor, reid, and the president to sit down and realize we elected them to look out for our best interests. what we do not get that, you get the backlash you got on the last election. host: a couple of other op
john boehner say that already. we have had votes in the senate where we have gotten rid of tax credits. i think that's given and the vast majority of the americans agree with that. the question is, how do you do that and how do you allow taxes to rise? at the same time, you fix the real problem and the real problem is uncontrolled entitlement spending and a government that has grown massively, not just under this administration, under republican administration. so, you have to approach both sides of it. >> let me turn to senator schumer. i will ask you the same question. if the mandate is compromised what do democrats have to be prepared to accept as a painful outcome in order to achieve compromise? >> well, i agree with you, the mandate is compromise. that's why we have a divided house and senate. i think if the house stands for anything it is cut government spending, as tom coburn said, and i think we have to do more of it. we heard the mandate 2010, where it was a clear mandate you cut spending and we did, we cut $900 billion in spending that we didn't like, painful to us. but there
listen to what boehner said after the election. your. president, this is ment. we are ready to be led. not as democra or republicans, but as americans. let's rise above the this function and do the right thing for our country. >> later john maynard told diane mostr he ishe personbable, responsible dianen boehner told mostr he is the personble, responsible presidentn and the knows that. and he knows that he and john can work together. -- john boehner can work tother. end of the year. will we ach a compromise before then, charles? a i do not thinink it will be comprehensive compromise. tohthink they will be able patch something together. tohink they will be able reformn it true tax sometime next year. someththing along the lines the obama appointed. i think they will get past the cliff. if he insists raising rates, he will be stymied. >> what is the message? >> it is a mixed message. i think we all agree the presidente of the taxesessage is we raise on those earning over $250,000. mitt romney pledged to repeal obamacare. these are the e essential points of their candidacies. i think he
. >> you can see how he responds to john boehner, said this week, signaled that he's willing to accept maybe the government will collect some more revenue, but let's not raise tax rate. let's get rid of deduction and benefits of simplicity there and thinking about trying to get economic growth. i think if the president responds by saying let's do a bipartisan reform instead of demanding trillions in new tax revenue, then i think that would be a good thing. >> paul: one of the thing boehner, my sources are saying, they would like to do is to get the president extend the bush tax rates for another year to avoid an immediate blow to the economy and time to negotiate a larger tax reform and entitlement deal. if the president insists, said, look, i litigated taxes in the election, tax rates are going up right away and automatically are and i'm going to insist on that, then do you think we're back to the barricades? >> that's a sign that the first term was instructive and the des moines register was not, that he's going to stay to the left. he's also, he's facing another eform must challenge
. >> chris: let's talk about taxes that got most of the attention. congressman van hollen, john boehner offered a compromise this week where he said yes, i am willing to put more revenue on the table but through closing deductions, ending loopholes, not through raising rates. can you accept a compromise as part of this whole deal that doesn't raise the bush tax rate on the wealthy? >> well, here is the issue. how much revenue are we going to generate part of a balanced package? i take my lead on this from simpson-bowles and their framework. in their framework, they assume the amount of revenue as if you started tax reform from a 3% rate. that is part -- 39% rate. that's part of their built-in assumption. i am all for doing tax reform. the issue is from what starting point. the simpson-bowles starting point which assumes the revenue from 39% is the right way to go to get the mix that they got in hitting their deficit reduction target. but look, if what the speaker boehner was saying is that he is truly willing to get what we consider congressional budget office revenue, we can work with
boehner offered a compromise this week and he said, yes, i'm willing to put more revenue on the table, but, through closing deductions and ending loopholes, not through raising rates. can you accept a compromise as part of this whole deal, that doesn't raise the bush tax rate on the wealthy? >> well, here's the issue. how much revenue are we going to generate as part of the balanced package and i take my lead from simpson-bowles in their framework and they assume the amount of revenue as if you started tax reform from a 39% rate. that is part of their built-in assumption and i'm all for doing tax reform. the issue is, from what starting point. and i think the simpson-bowles starting point, which assumes that revenue from 39%, is the right way to go to get the next they got in hitting the deficit reduction target and if what speaker boehner was saying, he is truly willing to get what we consider congressional budget office scorable revenue, then we can begin to work with one another. if what we are simply saying is what republicans used to say, we will lower rates on the wealthy, and, that
congress acts. president obama and house speaker john boehner picked up where they left off in dualing public appearances where both sounded consillatory, but didn't seem to budge much. must add to the president's to do list one more thing. he needs a cia director after general david petraeus resigned admitting to an extramarital affair. joining me now is robert menendez, later chairman of the house homeland security committee. good morning, senator. it's good to see you. let me start out with the petraeus matter. do you believe that this is -- leaves a big hole in military or intelligence operations or can they carry on smoothly? >> well, mike morrell, the second in charge, i think, is an excellent individual, has the president's confidence and can carry on in the interim. i don't feel general petraeus was a tremendous asset at the cia. it's unfortunate. i respect his decision under the circumstances. in the interim i believe the agency continued to function under mr. morrell. >> what kind of holes will this leave? >> i have questions about the whole matter. first of all -- excuse me
quo. asking the two to work together as house speaker john boehner put it the day after the election. >> the american people have spoken. they reelected president obama. they have again reelected a republican majority in the house of representatives. if there's a mandate in yesterday's results, it's a mandate for us to find a way to work together on the solutions to the challenges we all face as a nation. >> the other way to interpret the results is to see them as a resounding liberal governance. a larger and apparently more democratic majority in the senate. it's how harry reid framed the results. >> we had an overwhelming re-election of the president. we picked up seats in the senate and the house. it's not the status quo. >> one thing is clear. it will not look like any congress we have ever had. the most stunning exacten is the diminishing number of white men in house of representatives. in the current house, white men were 88% compared to 53% in the caucus. for the first time ever in history, white men will make up just a minority, 46% of the democratic caucus. women will make u
'm listening to the two of you, i've never been more hopeful about this problem getting resolved. john boehner made conciliatory comments last week and the president made conciliatory-- >> i think ben was saying on the tax issues raising on the rich, debate how much he's going to raise that. he said he wouldn't bend. >> go ahead. >> but that's not the only issue and that's not the only way to solve the problem. so, they will come together and have the solution in the next few weeks. >> boy, i'm glad somebody's optimistic about this, i'm not sure i am. >> i am. >> what i hear people-- >> what do you fear happen? >> there's an unholy alliance of the left saying let's go over the fiscal cliff and libertarians saying let's go over the fiscal cliff. >> neil: and you pick up the pieces under the new year that you want, is that it? >> ihink that's pretty much what people think, but the reality is, we'll lose 2 million jobs at a time we can little afford it. the economy will go into recession if it's not already there. and that's a cost we can't afford it pay. >> neil: but you could make a political a
. >> i would even say keep these conversations loud and public and also show john boehner, if john boehner is going to be blaming everybody else but john boehner for being owe not being able to poll this red ants that infested his regions what can't get done, let's just see what that's about. because this is a democracy. this isn't the president's mandate. it's everybody's mandate. >> i want to set two things next to each other. on the one hand, we had a letter in the washington post to the president and to the congress from sort of the group that had supported the president, big labor and others and they made it very clear. the 2012 elections are over. the american people have spoken. we've voted for the middle class, putting people back to work and not job killing budget cuts and not attacking social security and medicare and medicate. this is what they're saying. on the other hand, we have boehner who won a majority in the house of representatives. here's what he said thursday to diane sawyer about raising taxes. >> is it on the table to talk about it? >> i made clear -- >> the
and mr. obama to the white house, both the president and house speaker john boehner vowed to find some common ground. >> well, clearly the deficit is a drag in our economy and we can't continue to spend money that we don't have. i don't want p to box myself in. i don't want to box anybody else in. i think it's important for us to come to an agreement with the president but this is his opportunity to lead. >> i want to be clear, i'm not we hadd wedded to every detail of my plan. i'm open to compromise. i'm open to new ideas. i'm committed to solving our fiscal challenges. but i refuse to accept any approach that isn't balanced. >> joining us now is a man who knows all about bipartisanship and compromise. former senator george mitchell is joining us. you were majority leader from 1989 to '95 during a time when senators and house members were actually friends. and i mean those on opposite sides of the party. so do you think the president and the house speaker's words this go around really will lead to some compromise or has a new page been turned here? are you encouraged? >> i'm hopeful a
cliff. president obama and house speaker john boehner say that they are willing to compromise. >> a stronger economy means more revenue, which is exactly what president is seeking. >> they should start by making sure that taxes don't go up on the 98% of americans making under $250,000 a year starting january 1st. this is something we all agree on. >> reporter: both remain head strong on their views on tax reform. >> we have to combine spending cuts with revenue and that means asking the wealthiest americans to pay more taxes. >> 2013 should be the year to begin our debt through tax reform and entitlement reform. >> reporter: if no agreement is reached, middle class americans could see a $2000 increase on taxes and the unemployment rate could jump back over 9%, spiraling the economy to another recession taxes related to obama's health care plan will be corrected. according to baron, over 1000 government programs will experience, quote, deep automatic cuts. with the fiscal deadline rapidly approaching, many economists ask, can the feat be accomplished in the time frames? >> what
.s. dangling over the fiscal cliff. washington can't get its act together. speaker boehner challenging president obama to lead us. his first comments on the economy sense reelection, he seems emboldened by his reelection. with more on this, chris stirewalt. it is great to have you here. i want to start by talking about what the president had to say today. he seemed pretty firm on what he said so far about what we need to do with taxes in this country. here is the president. >> i am open to compromise. i am open to new ideas. i am committed to solving our fiscal challenges. but i refuse to accept any approach that is not balanced. i am not going to ask students and seniors and middle-class families to pay down the entire deficit while people like me, making over $250,000 are not asked to pay a dime more in tas. [applause] gerri: chris, jay carney comes out a few minutes later and he says, well, the president says he will raise taxes on wealthy. so where is the compromise? >> the hope is that the compromise lies in a broader reform. but as you know, this comes down to chime in. you have
at the end of the year unless congress acts. president obama and john boehner picked up where they left off in dueling public appearances where both sounded conciliatory but didn't seem to budge much. you must add to the president's to-do list one more thing. he needs a cia director after general david petraeus resigned, admitting to an extramarital affair. joining me now is new jersey democrat senator robert menendez. and in new york congressman peter king who is chairman of the house homeland security committee. good morning, senator. it's good to see you. let me start out with the petraeus matter. do you believe that this leaves a big hole in military intelligence operations or can they carry on smoothly? >> well, mike morell who is the second in charge is an excellent individual, has the president's confidence and can carry on in the interim. obviously, general petraeus was a tremendous asset at the cia. it's unfortunate. i respect his decision under the circumstances. and i'm sure the president will now seek out a new cia director. but in the interim i believe the kgs can continue to f
are expecting that john boehner will remain the speaker and erick kcantor will be the number two. there is not any major legislation on the floor of the house that we are expecting. >> the president is speaking again on wednesday on this and other issues. >> and using his post as the election pulpit to start the process. >> absolutely. >> a thank you for being here. an interesting couple weeks ahead for us to watch. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> watched grover norquist again at 6:00 p.m. eastern here on c- span. and about 30 minutes, president obama will participate in the presidential ceremony at the tomb of the unknowns. we will bring you live coverage here on c-span. while we wait, here's a look at the presidential election and congress from this morning's "washington journal." don >> he is still resolute in the face of defeat. >> not to see you. sometimes you win. sometimes you lose. >> this is tough. he is a close contender. he has given credit for getting george bush elected in 2000. bbthe
? john boehner indicated, revenue is possible, but we're not raising tax rates. where is there compromise? >> i think where there's going to be a compromise on taxes, this be would be a good thing on the economy, might exchange lower tax rates in return for a reduction in all the loopholes that as it is distort economic activity. so if boehner were able to achieve that kind of compromise, that's one that the republicans could be pleased with. the bush tax cuts are gone, they're expiring, and the president said that 250,000 below, he wants that extended, but for those making more than 250, will the bush tax cuts come to an end? >> i don't think so. i think actually the they won't come to an end because the democrats don't want major reduction in spending, if you hit the cliff, the spending would go down and politicians love to spend money. an extension of the bush tax cuts, less we're blessed by the relatively few, jeff baso, the late steve jobs, you want to remove the barriers to their production, not raise them. >> mike: john, we're not going over this cliff, are we. >> there's no way we
Search Results 0 to 49 of about 82 (some duplicates have been removed)